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Okinawaxb12s
Posted on Tuesday, March 29, 2005 - 12:07 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

anybody else pissed off about this?do ya'll feel that sting in your butt,that is the gov't. and the big oil companies sticking it to us on the sly.when is it gonna stop?we probably won't ever see gas below 2 bucks a gallon again.bastages.
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Josh_
Posted on Tuesday, March 29, 2005 - 12:15 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

So we'll be just like the rest of the world? Poor us.

Since they say in the next few years demand will outstrip possible production, pretty soon we'll be dreaming about $2/gal.
Seem like a good time to look into hybrids, natural gas and other options?
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Okinawaxb12s
Posted on Tuesday, March 29, 2005 - 12:21 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

no excuse for it to be this way.well, i guess there is if you consider greed an excuse.hybrids will be hard pressed to ever catch on.the oil companies are experts at stopping attempts to make anything like that a worthwhile venture.i agree,they need to come up with something else.methanol would be a good start.no lose situation there.get a good fuel and give the farmers something to do.but that would be too much like the right thing to do.
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Richieg150
Posted on Tuesday, March 29, 2005 - 12:21 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

If I remember right,some friends from Ireland,were saying that they were paying 2 something a liter for gas about 5years ago.Im going off memory so I could be wrong,but they said our gas was way cheaper then,they all drove tiny 3 or 4 cylinders cars or diesels.I remember their rental car was about the size of a Grand am and they were commenting on how big it was,compared to what they were used to driving.Our gas prices are catching up with the rest of the worlds.
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Josh_
Posted on Tuesday, March 29, 2005 - 12:28 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

>the oil companies are experts at stopping attempts to make anything like that a worthwhile venture

Ha ha ha.

Damn, I guess nothing is your fault is it.

Dude *BUY A HYBRID* Kind of hard for them to catch on if you refuse to buy one eh?

>they need

They? They who? You want something done? Do it, don't expect life to be catered for you.

Mad about gas prices? Live closer to work. Buy a bicycle. Carpool. Get off the throttle and your Buell will get you 50MPG minimum which leaves you about nothing to bitch about.

Yes, gas in Europe (mostly due to taxes) is about $5/US gallon and has been for a while.
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Blake
Posted on Tuesday, March 29, 2005 - 12:47 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Actually when factored for inflation the price of gasoline is not anywhere near an all-time high. In today's dollars, gasoline in the late seventy's/early eighties was upwards of $3/gallon.

How much is milk again? Bottled water?

Ignorance is bliss. Gasoline in America is dirt cheap. If you think the oil companies are making a killing, then invest in their stock. You think the government has something to do with it???

BadWeB don't do conspiracy theories. Please.
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Blake
Posted on Tuesday, March 29, 2005 - 12:50 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Economics and the free market govern energy prices. If there is a buck to be made, someone will go for it, no matter if it is oil, solar, wind, biomass, ethanol, whatevere. That conspiracy crap is just that, crap. It is all just a simple matter of economics, and right now, even at $50/barrel, there simply ain't a cheaper more viable supply of energy for the consumer market. You find one, and you can become rich.
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Okinawaxb12s
Posted on Tuesday, March 29, 2005 - 01:24 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

all i have to say is-BULLSH!T!!}
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Blake
Posted on Tuesday, March 29, 2005 - 01:32 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Okay. How much is a pint of bottled water at your local convenience store? Is the government and big oil controlling that scam too? :/
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Mutt2jeff
Posted on Tuesday, March 29, 2005 - 01:44 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Its my understanding that countries like England tax gas very heavily, which is why it costs upwards of $5 a gallon in some places.

(Message edited by mutt2jeff on March 29, 2005)
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Okinawaxb12s
Posted on Tuesday, March 29, 2005 - 01:53 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

go do some research,then come back and say that.there is no competition in the oil market.you know who controls almost all the oil in the u.s.?exxon-mobile.it is kinda like microsoft,how can you have a competitive market when there is only 1 competitor?i saw a study on them from 2 years ago.after they paid their employees and all their bills they BANKED,PROFITED,29 billion dollars.you do the math.
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Blake
Posted on Tuesday, March 29, 2005 - 02:16 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

So you are against profit. I see.
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Blake
Posted on Tuesday, March 29, 2005 - 02:17 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

How much for that pint of water again?
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Blake
Posted on Tuesday, March 29, 2005 - 02:23 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

No competition? So Exxon-Mobile is fixing the price for Shell, BP, Texaco, Citgo, and all the rest eh? Please do explain how that works.

I guess the oil producing and exporting countries have nothing to say about the price of gasoline?

I guess that Exxon is forcing OPEC to set its prices so high?

And they are making China's economy expand and generate an ever increasing thirst for petroleum.

Ah yes, research. What was it you would have me research?
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Okinawaxb12s
Posted on Tuesday, March 29, 2005 - 02:26 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

no, i'm not against profit,just monopoly in the "fair" market.we should not aspire to be like any other country.no reason why we should have high a$$ gas prices just because the folks across the pond do.there is NO reason for it other than GREED.
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Mr_grumpy
Posted on Tuesday, March 29, 2005 - 03:09 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Bleat Bleat Bleat, give it a rest,

It's not often I agree completely with Blake but on this one he's dead right.

You're spoiled rotten on gas prices in the US & most people know it.

So let it go, it's OLD.
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Lovematt
Posted on Tuesday, March 29, 2005 - 04:23 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

I must say my view changed very quickly once I started traveling all over the globe for my work. Renting cars and doing the math for what gas cost opened my eyes to the fact that unlike the US, in many countries gasoline is an major cost item in one's budget.

Thinking about all of the effort that goes into extracting oil, the fact that many countries pay much more than the US, and all of the fingers in the pot in the delivery process...I am not surprised it costs more.

Personally I don't pay much more than 60 dollars a month to include fun riding...if that went up to 200 or 300 to align with the rest of the globe well then that is economics at work. I am just considering those who pay more now and what they think of people in other countries currently paying much less...how would you feel if there was one country using much more oil than many others and their cost was 1/2 to 1/3 of yours?

That is all I have to say on the topic...
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Okinawaxb12s
Posted on Tuesday, March 29, 2005 - 04:43 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

like i said before-GREED.who gives a what other countries think.that's part of our problem in the u.s.now.we worry to d@mn much about what "other" people think of us.you can take all that politically correct crap and stick it in your a$$.as far as you go mr. grumpy,why is being spoiled a problem.since when is it our fault that we have it better than anyone else.don't like being spoiled?move to iraq.
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Court
Posted on Tuesday, March 29, 2005 - 05:08 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Gas is cheap. My son, fresh out of college, is earning 6 times what I earned when I graduated. Why, pray tell, has gas only quadrupled?

Gas, exceeded only by grain (specifically hard red winter wheat #7) is the perfect economic model. If Bob on the North side of the street raises his price above the equilibrium level, Tom on the South side of the street realizes increased demand.

I think this thread, and Okinawaxb12s, are crying out for facts:

I suggest:

John Kenneth Galbraith



quote:

The Canadian-born, Berkeley-trained John Kenneth Galbraith has been considered by many as the "Last American Institutionalist". As a result, Galbraith has remained something of a renegade in modern economics - and his work has been nothing if not provocative. In the 1950s, he presented economics with two tracts that needled the mainstream: one developing a theory of price control (which arose out of his wartime experience in the Office of Price Administration) which he argued for as an anti-inflation policy (1952); the second, American Capitalism (1952), which argued that American post-war success arose not out of "getting the prices right" in an orthodox sense, but rather of "getting the prices wrong" and allowing industrial concentration to develop. It is a formula for growth because it enables technical innovation which might otherwise not been done. However, it can only be regarded as successful provided there is a "countervailing power" against potential abuse in the form of trade unions, supplier and consumer organizations and government regulation. Many have since argued the formula for East Asian success later in the century was based precisely on this combination of oligopolistic power and "countervailing" institutions.


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Rocketman
Posted on Tuesday, March 29, 2005 - 06:29 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

I'm staggered by how economical my 916 is!!!!

No joke - at nearly £4 a gallon R1's are hideously expensive to fuel up in comparison.


Rocket
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X1tx
Posted on Tuesday, March 29, 2005 - 06:40 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

My M900 would get ~45 mpg. The X1 gets somewhere between 43 and 50. And that is with the "Race" ECM. Much better than my '63 Stepside. Odometer on that is broken. I don't want to know what kind of mileage it gets.
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Pcmodeler
Posted on Tuesday, March 29, 2005 - 07:10 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

I agree. Gas is too expensive. I think that at some point, we may see it in the $1.50 range, but that's probably the lowest it will ever get again.

As for hybrids, I believe they are catching on when you consider the limited number of models available. Washington DC opened up the HOV lane to hybrids even if they have only a driver. I think they said 1 of every 3 cars is a hybrid and they are considering revising their position as it as drastically increased the number of vehicles in the lane. The Prius is selling quite well and the Honda Civic (and whatever the earlier CRX type is) are selling quite well. I think the Ford Escape hybrid may just starting to hit the country. Personally, I think hydrogen based vehicles hold a lot of promise.......and let's face it, we own one of the most fuel efficient vehicles out there. Those folks in their huge SUV's this summer won't even be able to hear me laugh at them over the sound of my AWESOME fuel efficient BUELL.....

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Rek
Posted on Tuesday, March 29, 2005 - 08:29 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

(specifically hard red winter wheat #7)

w/ grain prices at an all-time low and fuel at a record high farmers are going to drop like flies during the next few years. Gas outstripped wheat at the pumps yesterday, w/ the elevator paying $2.11/bu for hard red spring wheat and gas at $2.25/gal. Diesel is a flat $2 for off-road (dyed) fuel. You can't make a living growing wheat if you're paying a bushel per gallon of fuel for cultivation. Somethng's gotta give and in this instance it will be the family farmer. So long Jeffersonian Ideal, hello corporate domination.

Rob
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Thansesxb9rs
Posted on Tuesday, March 29, 2005 - 09:05 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

I agree with Rek, don't be suprised to see the price of your food also increase sometime near in the future. If it doesn't we will be importing more food from China. The majoritiy of farmers currently can not afford to feed their families. Seems that people take the price of food for granted also, what will you do when the price of bread goes up to $12.50 for one loaf and $25 a gallon for milk, that is what is going to have to happen if we plan to keep the Farming community in our country.
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2000m2
Posted on Tuesday, March 29, 2005 - 09:20 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Having studied economics in college, I can say that this is exactly how it happens. Fuel prices have been kept artificially low in this country for some time, and now it is starting to equalize a BIT, it is only going to get worse over the summer and the coming years...which is why I am so grateful to have my Buell to ride over the summers!
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Jlnance
Posted on Tuesday, March 29, 2005 - 09:24 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

how would you feel if there was one country using much more oil than many others and their cost was 1/2 to 1/3 of yours?

Careful. Other countries fuel costs more because it is heavily taxed. Presumably our govt. is still getting their tax money, they just use a different method to extract it.
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CJXB
Posted on Tuesday, March 29, 2005 - 09:27 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Bottled water?

I love Propel and it's about $1 per 16 ounces and I drink a lot of it !!

Gas is expensive but it is because of the market and economics, I don't go for the conspiracy theory either. I pay for my water and pay for my gas and am thankful I make enough to afford those things !!

CJ : )
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Buelluk
Posted on Tuesday, March 29, 2005 - 09:27 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Gas is cheap , look at the relative price of beer and Starbucks.

I have to declare a vested interest though, I work for a refining company and it's looking good for my bonus and stockholdings again this year....plus I only have a two mile commute to work each day.
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Rek
Posted on Tuesday, March 29, 2005 - 09:35 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

plus I only have a two mile commute to work each day.

Yuck, you only live two miles from a refinery? that can't smell very nice.

Rob
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Road_thing
Posted on Tuesday, March 29, 2005 - 09:45 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Sorry, Okinawa, but you don't know what you're talking about. As a guy in the middle of it, I can tell you the oil business is extremely competitive (and no, I don't work for ExxonMobil). The current high price of crude is due to increased demand in developing countries (primarily China). No single company or institution (including OPEC) can unilaterally set the price of crude or the price of gasoline-that's done by the "invisible hand" of the world market.

Court's advice to study up on JK Galbraith is right on target. You might also consider "Wealth of Nations" by Adam Smith.

But don't come around here telling me that I'm screwing you because you don't like what you're paying for gas, 'cause it ain't so.

rt
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